Samvel MARGARYANTHE CAUSES OF MASS UNEMPLOYMENT IN ARMENIA AND THE WAYS TO OVERCOME THEM

Keywords: unemployment rate, number of the employed, GDP, migration, sectoral structure of the economy, asymmetries in territorial development, shadow economy.The paper analyzes the high unemployment rate in Armenia. The results indicate the weak impact of economic growth on the increase of employment, therefore, on the reduction of the unemployment rate. The main reasons for this phenomenon are the issues of sectoral structure of the economy, the asymmetries in territorial development and the shadow economy. Possible ways of overcoming these challenges are proposed in the given paper.